SANTIAGO, Chile -- July 30, 2002 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, congratulates Smartcom of Chile, a wireless telecommunications provider and a company belonging to Grupo Endesa, on its commercial launch of third-generation (3G) services, based on CDMA2000 1X, which began operations on Friday, July 26 in Santiago, Chile.
"Smartcom has a tradition of being on the leading edge of wireless technology in their market, they are reinforcing this leadership position now by adopting CDMA2000 1X for the Santiago area," said Jeff Jacobs, president of global development, Qualcomm. "This implementation allows Smartcom to provide clients with faster and more secure data and voice transmissions, which is of critical importance to their client base and the growth of their business."
"Our objective is to firmly establish the company as a mobile high-speed data leader in the Chilean market," said Renato Fernandez, communications manager of Smartcom PCS. "In comparison with our competitors we have significant technological advantages, this is why we believe that in the future, when thinking of mobile high-speed data in Chile, Smartcom will be top of mind for consumers."
Smartcom has deployed a national wireless network, which includes the 13 areas that make up Chile. The company is a strong proponent of wireless data services, which is the main reason for migrating to CDMA. To date, there have been 15 carrier launches with more than 13 million CDMA2000 1X subscribers worldwide. 3G services are already available through local carriers in Latin America markets such as Puerto Rico, Brazil and now Chile. Qualcomm supports CDMA2000 1X with chipsets and system software that offer a variety of advanced features, including multimedia and position location technologies. For further information on 3G, please visit www.3gtoday.com.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's business areas include CDMA chipsets and system software; technology licensing; the Binary Runtime Environment for Wireless™ (BREW™) applications platform; QChat™ push-to-talk technology; Eudora® e-mail software; digital cinema systems; and satellite-based systems including portions of the Globalstar™ system and wireless fleet management systems, OmniTRACS® and OmniExpress®.
Qualcomm owns patents that are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards-setting bodies worldwide. Qualcomm has licensed its essential CDMA patent portfolio to more than 100 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 30, 2001, and most recent Form 10-Q.